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2014-01-07 07:06 | Report Abuse
Maybe they will revisit MNN or drill MNE after finalise further evaluation. Expansive to mob rig once demob.
2014-01-06 15:38 | Report Abuse
I have positions in Sona and CLiq. Not because of their management.
2014-01-06 15:34 | Report Abuse
Everybody in oil and gas knows who are crooks and who are not. And I knew.
2014-01-06 15:14 | Report Abuse
Not baker hughes, but agent for BJ services which later being bought by BH.
2014-01-06 15:11 | Report Abuse
Akbar tajudin worked for more than 25 years in PETRONAS and most of time in supply chain.
2014-01-06 10:47 | Report Abuse
those who have bought bunga and cannot pick up, ready buyers are available.
2014-01-06 10:45 | Report Abuse
now just a waiting game. Volume will remain low. If suddenly price going up, something good is coming or vice versa.
2014-01-03 11:08 | Report Abuse
maybe this time they go deeper
2014-01-02 12:51 | Report Abuse
It is part of the exploration and production sharing agreement (EPSA)for block 50 minimum commitment.
2014-01-02 09:39 | Report Abuse
Actually, approval by oman gov already for 2 well drilling campaign.
2013-12-30 20:22 | Report Abuse
Careful with people with a very few postings.
2013-12-30 13:52 | Report Abuse
baco lah dlm website kalau nak paham. Ni sumo nak sumbek dlm mulut payah la
2013-12-28 13:49 | Report Abuse
yang mentah sodap, ini kan dah goreng !!!
2013-12-26 12:24 | Report Abuse
boleh tukar hibiscus petroleum to Lantana Camara Petroleum.
2013-12-25 13:05 | Report Abuse
Ini mcm kena kerja keras lagi lah next year. Gua Ingat mau pencen. Hehehe. Sorry for those yang contra and lost money. Lesson learnt - don't contra ler.
2013-12-22 10:11 | Report Abuse
Careful guys, few people with 2-3 postings with wrong info or hidden agenda. Stay away if hate the risks.
2013-12-20 15:36 | Report Abuse
Ok guys. Merry Christmas and happy new year. Bought 100K anak today @ 1.50. Mau tutup computer and go holiday with family. Next year see how my investment. Untung sabut timbul, untung batu tenggelam.hehehe
2013-12-20 15:10 | Report Abuse
ramai punter kena keja kuat next year byr loss ni.
2013-12-20 14:50 | Report Abuse
those without holding power, better stay on sideline
2013-12-20 11:45 | Report Abuse
read small and marginal field development.
2013-12-20 11:43 | Report Abuse
read refurbished offshore platform
2013-12-20 11:33 | Report Abuse
Keywords for offshore production facilities: MOPU, FPSO, FSO, TARPON, JACKETED PILE or JACKET, TOPSIDES, deep water facilities. Read bunga development plan for seahorse. Read Oil and gas production system on offshore facilities/platform.
2013-12-20 10:35 | Report Abuse
hhakim is right about heavy oil. sharks cannot tahan Dr. Ken want to wait after complete analysis before making announcement.
2013-12-19 15:56 | Report Abuse
No news is a good news sometime. :)
2013-12-19 10:49 | Report Abuse
If bad news kalu, "old money" also out ma!!
2013-12-19 10:45 | Report Abuse
yang keluar mostly "new money". the "old money" still inside bunga.
2013-12-19 10:38 | Report Abuse
Just for information,
Oman blend is between light and medium API with sulphur (the dirtiness) content more than 1-2.5%. Spot price is cheaper compare to TAPIS blend (API45 with very low sulphur) or BRENT or any other light sweet crude. But still there are a lot of refineries can take this kind of "dirty oil". Malaysia also bought and refine this dirty oil and sell the tapis blend.
process point view, the separation offshore could require somewhat exotic CRA material (corrosion resistance alloy) e.g SS or duplex and process equipment to handle the sulphur.
based on bunga early production plan of using MOPU (mobile offshore production unit- they plan one for Australia venture), crude are process and store offshore and sell spot offshore (they need a FPSO or FSO).
What is important is the declaration of how much is the proven reserve.
2013-12-18 22:12 | Report Abuse
based on wantomakemore, maybe light sour or medium sour type. sulphur content > 1%. No problem.
2013-12-18 17:03 | Report Abuse
Wahh mmg masak kari today. Feel sorry t
2013-12-18 15:52 | Report Abuse
foreign funds x main spac. private equity maybe. but they go in early during company formation.
2013-12-18 12:30 | Report Abuse
if they run DST and find the flow rate is good. Might as well complete the well. Exploration drilling could end by end Jan 2014. Those who cannot wait or already in profit, can realize.
2013-12-18 09:23 | Report Abuse
masak kari the contra traders and short term player.
2013-12-17 15:58 | Report Abuse
top 30 largest shareholders holding 87% of bunga. Balance float agak sedikit.
2013-12-17 10:24 | Report Abuse
happy88: I don't know which reservoir they are drilling now. If rig not much movement, then could be still at masirah. Your prediction makes sense.
2013-12-17 09:17 | Report Abuse
don't contra lar. Buy for keep. Beli ikut kemampuan and your risk appetite.
2013-12-16 15:53 | Report Abuse
can take profit now if you want. Then when reach a price you comfortable paying, then can buy again. Traders do this all the time.
2013-12-16 10:48 | Report Abuse
if u want to sell, queue at 2.70. someone will sapu buy end of day.
2013-12-16 08:57 | Report Abuse
10 ringgit, I can quit job and retire at 47 wowwwww.
2013-12-15 10:43 | Report Abuse
5 months ago, a friend of a friend of a friend of a top guy in bunga told me what is bunga potential. I maxed out my margin on bunga since then.
2013-12-15 09:00 | Report Abuse
Package c & d are for heavylifting works and the biggest value cos the marine spreads are more expansive.
2013-12-14 20:48 | Report Abuse
package by GOM involves pipelaying works in deeper water. Part of work is the pipeline commisioning. pbjv is the vdp for pipeline commissioning. so some gom works must be given to pbjv per petronas vdp requirements.
Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
2014-01-07 09:07 | Report Abuse
selalunya isteri no.2 lagi cantik. mmmmmm